https://www.financialexpress.com/opinion/can-humans-kill-an-ai-system-the-coexistence-of-humans-and-ai-will-need-a-drastic-rethink-of-current-laws/3223237/ Clipped from: https://www.financialexpress.com/opinion/can-humans-kill-an-ai-system-the-coexistence-of-humans-and-ai-will-need-a-drastic-rethink-of-current-laws/3223237/ Nobody can deny that there has recently been an AI revolution. X By Atanu Biswas Those who still fancy the science fiction
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👍👍👍👍👍New Income Tax portal: CBDT launches revamped website of I-T department | The Financial Express
https://www.financialexpress.com/money/income-tax-new-income-tax-portal-cbdt-launches-revamped-website-of-i-t-department-3223439/ Clipped from: https://www.financialexpress.com/money/income-tax-new-income-tax-portal-cbdt-launches-revamped-website-of-i-t-department-3223439/ The newly revamped website was launched by the Central Board of Direct Taxes (CBDT) Chairman Nitin Gupta at the ‘Chintan Shivir’, organised
Finfluencers have been making a lot of money by enticing followers. SEBI decides to curb their income | The Financial Express
https://www.financialexpress.com/money/finfluencers-have-been-making-a-lot-of-money-by-enticing-followers-sebi-decides-to-curb-their-income-3223534/ Clipped from: https://www.financialexpress.com/money/finfluencers-have-been-making-a-lot-of-money-by-enticing-followers-sebi-decides-to-curb-their-income-3223534/ SEBI crackdown on Finfluencers: Securities and Exchange Board of India has issued a consultation paper to curb the influence of finfluencers. SEBI
Concrete alliance: The Hindu Editorial on the BRICS grouping and its expansion – The Hindu
https://www.thehindu.com/opinion/editorial/concrete-alliance-the-hindu-editorial-on-the-brics-grouping-and-its-expansion/article67235615.ece Clipped from: https://www.thehindu.com/opinion/editorial/concrete-alliance-the-hindu-editorial-on-the-brics-grouping-and-its-expansion/article67235615.ece BRICS found new purpose with its expansion, but also more contradictions If there was any doubt about the relevance of the BRICS
👍👍👍👍👍👍👍Positive Tax Relief for Employees on Rent-Free Accommodation Perquisites – The Hindu BusinessLine
https://www.thehindubusinessline.com/portfolio/personal-finance/tax-relief-for-employees-residing-in-accommodation-provided-by-employer/article67234343.ece Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/tax-relief-for-employees-residing-in-accommodation-provided-by-employer/article67234343.ece A ‘perquisite’ signifies a non-monetary benefit extended by employers to their employees. The value of such perquisites is taxable in the hands
👍👍👍👍👍What Are the Tax Implications on Capital Gains from Selling HDFC Limited Shares After Merger with HDFC Bank? – The Hindu BusinessLine
https://www.thehindubusinessline.com/portfolio/personal-finance/tax-query-tax-implications-on-capital-gains-from-selling-hdfc-ltd-shares-after-merger-with-hdfc-bank/article67205386.ece Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/tax-query-tax-implications-on-capital-gains-from-selling-hdfc-ltd-shares-after-merger-with-hdfc-bank/article67205386.ece I had bought 200 shares of HDFC Ltd on February 10, 2010, at the average price of ₹550. The market price of these
👍👍👍👍👍👍👍SCN solely based on difference between ST-3 & ITR cannot be sustained
https://taxguru.in/service-tax/scn-solely-based-difference-st-3-itr-sustained.html Clipped from: https://taxguru.in/service-tax/scn-solely-based-difference-st-3-itr-sustained.html Commissioner of CGST & CE Vs Modern Road Makers Pvt. Ltd. (CESTAT Mumbai) Introduction: The Commissioner of CGST & CE vs Modern Road
👍👍👍👍👍👍👍Important Highlights of Digital Personal Data Protection Act, 2023
https://taxguru.in/corporate-law/important-highlights-digital-personal-data-protection-act-2023.html Clipped from: https://taxguru.in/corporate-law/important-highlights-digital-personal-data-protection-act-2023.html Background The Journey towards the Data Protection Legislation can be traced back to 2017 when an expert Committee was Constituted by the
👍👍👍👍👍👍👍Understanding MSME the Easy Way: A Comprehensive Guide
https://taxguru.in/corporate-law/understanding-msme-easy-way-comprehensive-guide.html Clipped from: https://taxguru.in/corporate-law/understanding-msme-easy-way-comprehensive-guide.html MSME, an acronym for Micro, Small and Medium Enterprises, encapsulates a sector that’s synonymous with growth, innovation, and dynamism in India’s economy.
Income Tax Dept has no power to scrutinize Sales Tax Return accepted by Commercial Tax Department :ITAT deletes addition
Clipped from: https://www.taxscan.in/income-tax-dept-has-no-power-to-scrutinize-sales-tax-return-accepted-by-commercial-tax-department-itat-deletes-addition/314127/ By Aparna. M – On August 23, 2023 8:00 am – 2 mins read The Income Tax Appellate Tribunal (ITAT) Chennai bench held that the Income Tax Department had no power
AO is Duty Bound to Specify the Defects in Books of Account before Rejection u/s 145(3) of Income Tax Act: ITAT Deletes Income Tax Addition
Clipped from: https://www.taxscan.in/ao-is-duty-bound-to-specify-the-defects-in-books-of-account-before-rejection-u-s-1453-of-income-tax-act-itat-deletes-income-tax-addition/314721/ By Ipsita Das – On August 24, 2023 1:00 pm – 3 mins read The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) held that Assessing Officer (AO) is duty bound
👍👍👍👍👍👍👍Extended Period of Limitation cannot be Invoked unless there is Evidence of Fraud or Collusion or Wilful Misstatement: CESTAT
Clipped from: https://www.taxscan.in/extended-period-of-limitation-cannot-be-invoked-unless-there-is-evidence-of-fraud-or-collusion-or-wilful-misstatement-cestat/314873/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Extended%20Period%20of%20Limitation%20cannot%20be%20Invoked%20unless%20there%20is%20Evidence%20of%20Fraud%20or%20Collusion%20or%20Wilful%20Misstatement:%20CESTAT The Chennai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), observed that extended period of limitation cannot be invoked unless there is evidence of
Rate cuts possible when real interest rate becomes excessive: Jayant Varma
https://www.business-standard.com/economy/interviews/rate-cuts-possible-when-real-rate-becomes-excessive-says-jayanth-r-varma-123082500661_1.html Clipped from: https://www.business-standard.com/economy/interviews/rate-cuts-possible-when-real-rate-becomes-excessive-says-jayanth-r-varma-123082500661_1.html ‘Cooling commodity prices augers well for inflation in the medium term’ Jayanth Varma, a member of RBI’s monetary policy committee Listen to
Liquidity overhang should not pose a risk to inflation: Ashima Goyal
https://www.business-standard.com/economy/interviews/liquidity-overhang-should-not-pose-risk-to-inflation-says-ashima-goyal-123082500662_1.html Clipped from: https://www.business-standard.com/economy/interviews/liquidity-overhang-should-not-pose-risk-to-inflation-says-ashima-goyal-123082500662_1.html For food price shocks supply-side measures are more effective. The government has long experience with intervention in the food economy, Goyal opines
‘Grasim aims to become 2nd largest in decorative paints biz’ – The Hindu BusinessLine
https://www.thehindubusinessline.com/companies/grasim-aims-to-become-2nd-largest-in-decorative-paints-biz/article67234835.ece Clipped from: https://www.thehindubusinessline.com/companies/grasim-aims-to-become-2nd-largest-in-decorative-paints-biz/article67234835.ece Last fiscal, Grasim made its largest-ever capital expenditure of ₹4,307 crore, including ₹1,979 crore in the paints business Grasim Industries, an Aditya
RBI Governor meets top NBFC heads on unsecured loans, high bank borrowings – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/rbi-governor-meets-top-nbfc-heads-on-unsecured-loans-high-bank-borrowings/article67235448.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-governor-meets-top-nbfc-heads-on-unsecured-loans-high-bank-borrowings/article67235448.ece Banks’ exposure to NBFCs has risen 35.1 per cent on-year to ₹14.2 lakh crore as of June 2023, as per latest RBI
SEBI to restrict ties of unregistered finfluencers with intermediaries – The Hindu BusinessLine
https://www.thehindubusinessline.com/news/sebi-looks-to-restrict-finfluencer-ties-with-intermediaries/article67236033.ece Clipped from: https://www.thehindubusinessline.com/news/sebi-looks-to-restrict-finfluencer-ties-with-intermediaries/article67236033.ece Finfluencers registered with SEBI, stock exchanges or AMFI will display their registration number, contact details, investor grievance redressal helpline and make appropriate
Fed’s hawkish tone sparks interest rate futures shift: November-December hike likely – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/feds-hawkish-tone-sparks-interest-rate-futures-shift-november-december-hike-likely/article67236381.ece lipped from: https://www.thehindubusinessline.com/money-and-banking/feds-hawkish-tone-sparks-interest-rate-futures-shift-november-december-hike-likely/article67236381.ece Interest rate futures signal potential tightening by the Fed following Jerome Powell’s moderately hawkish stance at Jackson Hole symposium. Economic growth, inflation,
Are RBI’s new rules on floating rates favourable to you? – The Hindu BusinessLine
https://www.thehindubusinessline.com/blexplainer/are-rbis-new-rules-on-floating-rates-favourable-to-you/article67220522.ece Clipped from: https://www.thehindubusinessline.com/blexplainer/are-rbis-new-rules-on-floating-rates-favourable-to-you/article67220522.ece Theoretically one may have the option to switch loans, but to do so in practice may be difficult What has the RBI
How will the transshipment port at Great Nicobar Island help India’s logistics sector? – The Hindu BusinessLine
https://www.thehindubusinessline.com/multimedia/audio/how-will-the-transshipment-port-at-great-nicobar-island-help-indias-logistics-sector/article67235338.ece Clipped from: https://www.thehindubusinessline.com/multimedia/audio/how-will-the-transshipment-port-at-great-nicobar-island-help-indias-logistics-sector/article67235338.ece Episode 82 | In this podcast, businessline’s T E Raja Simhan speaks to Jagannarayan Padmanabhan, Senior Director and Global Head of Transport, Logistics and Mobility,